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History

Apr 1989 TIFFE established under the Financial Futures Trading Law.
Jun 1989 Trading on the Exchange (Telephone Market) started.
Three-month Euroyen futures
Three-month Eurodollar futures
Japanese Yen-US Dollar currency futures
Oct 1990 Market Maker scheme adopted for :
Three-month Eurodollar futures
Japanese Yen-US Dollar currency futures
Feb 1991 The installation of a fully-automated online trading system is completed.
US Dollar-Japanese Yen currency futures listed.
Jul 1991 Options on Three-month Euroyen futures listed.
Dec 1991 Evening trading session started.
(Counted as next business day's transaction.)
Jul 1992 One-year Euroyen futures listed.
May 1992 Japanese Yen-US Dollar currency futures delisted.
Mar 1994 Contract months of Three-month Euroyen futures and options expanded.
Three-month Euroyen futures : from 8 to 12
Options on Three-month Euroyen futures : from 3 to 5
Mar 1995 Exchange Fees are lowered from JPY150 to JPY100 per contract.
Nov 1995 Agreement to formalize the collaboration with LIFFE is signed.
Apr 1996 TIFFE-SPAN Margin Requirement System listed.
New trading terminals introduced to TIFFE members.
Linkage with LIFFE on Three-month Euroyen futures commenced.
Nov 1996 Midday break is reduced by 30 minutes, and TIFFE trading hours changed.
Mar 1997 Evening trading session commenced for US dollar-Japanese Yen currency futures.
Apr 1997 Opening trading hours 15 minutes earlier on BOJ's TANKAN release days is started.
Oct 1997 Opening trading hours 15 minutes earlier on preliminary report on indices of Industrial
production release days is started.
Mar 1998 Open time of evening trading session is moved 20 minutes earlier.
Jun 1998 ZENGINKYO TIBOR applied as the final settlement price for Three-Month Euroyen futures.
Jul 1998 Calendar spreads on Three-month Euroyen futures listed.
Oct 1998 First temporary extension of evening trading sessions.
Dec 1998 Segregation of customer funds introduced.
Jan 1999 API (Application Program Interface) installed.
Mar 1999 Three-Month Euroyen LIBOR futures listed.
Apr 1999 Exchange tax fully abolished.
Oct 1999 Give-up and half tick pricing introduced.
Jul 2000 Financing Bills accepted as collaterals.
Aug 2000 RFQ (Request For Quote) introduced.
Nov 2000 US Dollar-Japanese Yen currency futures downsized.
Dec 2000 The Financial Futures Trading Law amended.
Discretionary trading account permitted.
Jan 2001 TIFFE joined the Futures Industry Association (FIA).
Feb 2001 Daily revaluation of deposited securities started.
Mar 2001 Give-up facility for options on Three-month Euroyen futures introduced.
Mar 2001 TIFFE and Sydney Futures Exchange agreed to strengthen mutual cooperation.
Apr 2001 "ITA Wave", to provide market depth information, is introduced.
Jul 2001 TIFFE selected LIFFE CONNECT ™ for its next generation trading platform.
Sep 2001 LIBOR-TIBOR spreads listed, and contract months of Three-month Euroyen
LIBOR futures extended from 5 to 12.
Sep 2001 TIFFE and The Korea Futures Exchange signed Memorandum of Understanding.
~ 2002 ~ Development of new systems including users' participation in operational tests.
Apr 2003 TIFFE implemented its new trading system LIFFE CONNECT ™ and
clearing system developed by Fujitsu.
Strategy trading and Block Trades are introduced.
May 2003 5 and 10-year \ Swapnote ™ listed.
Jun 2003 TIFFE and Taiwan Futures Exchange signed Memorandum of Understanding.
Mar 2004 TIFFE and Chicago Board of Trade signed Memorandum of Understanding.
Apr 2004 TIFFE demutualized to become a stock company named "Tokyo International Financial
Futures Exchange Inc."
Apr 2005 New Corporate Symbol Mark introduced.
May 2005 TFX received FSA Approval for Exchange Forex Margin Contracts.
Tokyo International Financial Futures Exchange and Shanghai Futures Exchange Signed
Memorandum of Understanding.
Jul 2005 Tokyo International Financial Futures Exchange inc. was renamed to
Tokyo Financial Exchange inc..
Exchange Forex Margin Contracts listed. (4 currency pair)
Oct 2005 3 currency pair were added to Exchange Forex Margin Contracts.
Nov 2005 Tokyo Financial Exchange and The Tokyo Commodity Exchange Signed Memorandum of
Understanding.
Jun 2006 Tokyo Financial Exchange and Dalian Commodity Exchange Signed Memorandum of
Understanding.
Feb 2007 Trading hours for Three-month Euroyen futures and Options lengthen.
Apr 2007 TFX funded a chair course at Keio University.
Sep 2007 TFX changed our Japanese company name from "Tokyo Financial Futures Exchange" to "Tokyo Financial Exchange."
Dec 2007 TFX listed two over-night interest rate futures
Over-Night Call Rate futures
Spot-Next Repo Rate futures
Apr 2008 TFX upgraded the version of its trading system LIFFE CONNECT ™.
First Priority Type Priority Pro-Rata was introduced
Oct 2008 TFX upgraded the trading platform of Exchange Forex Margin Contracts.
16 currency pairs were added to Exchange Forex Margin Contracts.
Mar 2009 TFX joined International Swaps and Derivatives Association
Tokyo Financial Exchange and Central Japan Commodity Exchange signed Memorandum of Understanding.
Jul 2009 TFX started to publish Markit iTraxx Japan Index Price Data
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